If Star Entertainment Group collapses, the contagion and mass panic that would spread throughout the ASX would be quite severe. The whole superannuation system and industry labor super funds could collapse as a result of the Star collapse.
Anti-trust and money laundering impacted companies especially anti-trust impacted companies like BHP might face severe repercussions and mass panic
BHP sholders better hope Star Entertainment is saved somehow and mass panic does not occur.
Vale and others even RIO which has its London listing will be watching the impending crisis in Australia and the ASX with glee.
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